With a $5 million budget in Florida, luxury living reaches new heights—offering expansive estates, direct waterfront access, private docks, and world-class design. From historic mansions in Coral Gables to modern compounds in Palm Beach or private fly-in communities, these properties cater to the most refined tastes. Homes in this price range typically feature premium finishes, resort-style outdoor spaces, guest houses, and exceptional privacy. Here’s a glimpse at what $5 million will get you for a house in the Sunshine State.
1. Miami, FL – $5,000,000
All this for $5,000,000 in Miami. This 4-bedroom, 3-bathroom waterfront home in Miami offers 2,896 sq ft of living space on a private cul-de-sac with stunning unobstructed bay and ocean views. The property features a 100-foot private dock with a 40,000 lb concrete boat lift—ideal for boating enthusiasts. The open-concept interior includes a modern kitchen with stainless steel appliances and abundant natural light. Outdoor amenities include a heated saltwater pool and landscaped yard perfect for entertaining.
Where is Miami?
Miami, FL, is a major coastal city in southeastern Florida, located about 280 miles southeast of Orlando and just over 20 miles from the Florida Keys. Known for its vibrant culture, diverse population, and iconic beaches, Miami is a global hub for finance, tourism, arts, and international trade. The city features world-renowned neighborhoods like South Beach, Little Havana, and Wynwood, and serves as a gateway to Latin America with its strong cultural and economic ties.
Living Room
Large open-concept living room with floor-to-ceiling windows showcasing a waterfront view. White sectional sofa with modern design and a minimalist aesthetic. Polished tile flooring reflects recessed ceiling lights. Neutral color scheme with subtle decor elements enhances spaciousness.
Kitchen
Spacious kitchen with gray cabinets and white countertops. Large central island offers workspace and casual seating. Stainless steel appliances integrated into cabinetry for a sleek look. Windows provide natural light and views of greenery.
Bedroom
Bedroom with a white upholstered bed and dark curtains. Built-in bookshelf and desk with blue chair create a functional workspace. Ceiling fan with modern design contrasts with the neutral palette. Large windows and glass doors provide natural light and outdoor access.
Source: Gary Wong @ Avanti Way Realty LLC. via Coldwell Banker Realty
2. Coral Gables, FL – $5,000,000
In Coral Gables, $5,000,000 will get you this property. This historic 4-bedroom, 3-bath Mediterranean villa in Coral Gables offers 4,835 sq ft of elegant living space on a half-acre corner lot. Designed by renowned architect Martin Luther Hampton, the home features Moroccan-inspired details, a grand living room with beamed ceilings and carved fireplace, and a sunroom with arched windows and a tranquil fountain.
The primary suite includes a private terrace, wood floors, and its own fireplace, while a detached carriage house provides additional guest accommodations. Outdoor amenities include a pool, pond, gazebo, and lush landscaping, all within walking distance of the Granada Golf Course and tennis courts.
Where is Coral Gables?
Coral Gables, FL, is an upscale city in Miami-Dade County, located about 5 miles southwest of downtown Miami. Known for its Mediterranean Revival architecture, tree-lined streets, and historic landmarks like the Biltmore Hotel and Venetian Pool, it offers a blend of elegance and charm. Coral Gables is also home to the University of Miami and features a vibrant downtown area with shops, restaurants, and cultural attractions.
Dining Room
A long wooden table with six upholstered chairs is centered in the room. A large window allows for an outdoor view. Track lighting illuminates the space. White walls and dark wood trim create contrast.
Kitchen
Central island with a marble countertop is present. Multiple windows provide natural light. Stainless steel appliances and sleek cabinetry line the walls. Hardwood flooring complements the modern design.
Bedroom
A spacious layout accommodates a king-sized bed and seating area. Multiple glass doors lead to an outdoor area. Natural light comes through skylights and large windows. Dark wood flooring contrasts with white walls.
Pool
Rectangular swimming pool is surrounded by a terracotta-tiled patio. Lush green landscaping provides privacy. A white stucco house with large glass doors faces the pool. Blue accents and awnings complement the Mediterranean-style exterior.
Source: Jason Smith @ Keller Williams Capital Realty via Coldwell Banker Realty
3. Biscayne Park, FL – $5,000,000
For $5,000,000, here’s what you get in Biscayne Park. This newly constructed 2025 estate in Biscayne Park offers 6 bedrooms, 7.5 bathrooms, and 4,861 sq ft of luxury living space on a lush cul-de-sac. The home combines modern architecture with high-end finishes, featuring soaring ceilings, custom wood millwork, and a chef’s kitchen.
Designed for both elegance and function, it includes quadruple closets, a staff room, and handicap accessibility. Outdoors, the property boasts a saltwater pool, private landscaping, and is located in Miami’s desirable Upper East Side.
Where is Biscayne Park?
Biscayne Park, FL, is a small residential village in Miami-Dade County, located about 10 miles north of downtown Miami. Known for its lush tree canopy, quiet streets, and strong sense of community, it offers a peaceful, suburban atmosphere within the busy Miami metro area. The village is primarily residential, with charming homes and close proximity to nearby neighborhoods like Miami Shores and North Miami.
Living Room
Modern living room with high ceilings and large sliding glass doors. Neutral-toned furniture is arranged around a central coffee table. Built-in wooden cabinetry and shelving provide storage and display space. Natural light enhances the open-concept layout.
Dining Area
Large dining table with upholstered chairs sits adjacent to the open kitchen. Wood-paneled cabinetry and dark marble backsplash create a contrast. High ceilings and recessed lighting provide a bright atmosphere. Floor-to-ceiling glass doors offer views of the outdoor space.
Kitchen
Kitchen with custom wood cabinetry and a large marble island. Open shelving with built-in lighting showcases decorative elements. Black marble countertops and backsplash add contrast to the warm wood tones. Recessed lighting highlights the clean lines of the design.
Bedroom
Bedroom with a neutral color palette and floor-to-ceiling sliding glass doors. Wood-paneled accent wall with a mounted television divides the space. Soft textiles and modern furniture create a minimalist aesthetic. Large windows provide direct access to the outdoor pool area.
Pool
Covered patio with outdoor dining and seating areas overlooks a private pool. Lounge chairs are arranged on an artificial grass surface. Ceiling fans and recessed lighting add comfort to the shaded area. Lush greenery enhances the relaxing atmosphere.
Source: Zulu Zuluaga, Sergio Giraldo @ Coldwell Banker Realty
4. Fort Myers, FL – $5,000,000
In Fort Myers, this is an example of what you can buy for $5,000,000. This 9,919 sq ft luxury estate in Fort Myers offers 6 bedrooms and 8 bathrooms, situated on two lots with golf course views. Built in 1987 by Rutenberg Custom Homes, the property features a chef’s kitchen with Sub-Zero and Thermador appliances, a grand salon, sunken family room with 20-ft ceilings, and a full bar.
The primary suite includes dual walk-in closets, vanities, a Jacuzzi tub, and private office. Outdoor amenities include a saltwater pool with spa, swim-up bar, lanai with Cypress wood ceiling, and a home gym with sauna.
Where is Fort Myers?
Fort Myers, FL, is a city in southwestern Florida, located along the Caloosahatchee River, about 125 miles south of Tampa and 40 miles north of Naples. It is known for its beautiful beaches, historic downtown, and as the winter estates of Thomas Edison and Henry Ford. Fort Myers serves as a gateway to the nearby barrier islands like Sanibel and Captiva, offering abundant outdoor recreation, boating, and a laid-back coastal lifestyle.
Living Room
Spacious living room with tall ceilings and exposed wooden beams. Floor-to-ceiling stone fireplace serves as the focal point. Large windows and upper transom windows allow natural light. Classic furniture and rich tones create a warm atmosphere.
Dining Room
Dining room with a solid wood table and upholstered high-back chairs. Ornate chandelier hangs above, complementing the classic decor. Large painting and mirror enhance the elegant setting. Dark marble flooring contrasts with the warm wall tones.
Kitchen
Expansive kitchen with custom wood cabinetry and a central island. Marble countertops and backsplash add a polished touch. Built-in stainless steel appliances are integrated into the design. Open layout provides views into the adjacent living area.
Bedroom
Bedroom with a tray ceiling and an ornate chandelier. Large bed with wood detailing sits in the center of the space. Step-down seating area features built-in shelving and entertainment center. Sliding glass doors open to an outdoor patio with garden views.
Pool
Backyard with a large swimming pool and attached spa. Expansive patio provides shaded and open seating areas. Lush landscaping surrounds the space for privacy. Covered outdoor living area extends from the main house.
5. Pinecrest, FL – $5,000,000
In Pinecrest, this is an example of what you can buy for $5,000,000. This 5-bedroom, 5-bathroom home offers 4,161 square feet of living space and is located in a highly sought-after neighborhood. Built in 1954, the property blends classic architecture with spacious interior living.
While additional details are limited, the home’s location and size suggest strong potential for customization or investment. Ideal for buyers seeking an established property in a prime area.
Where is Pinecrest?
Pinecrest, FL, is an affluent suburban village in Miami-Dade County, located about 10 miles south of downtown Miami. It is known for its spacious homes, top-rated schools, and lush landscaping, offering a quiet, family-friendly environment. Pinecrest is also home to Pinecrest Gardens, a popular botanical garden and cultural venue, and provides easy access to shopping, dining, and major roadways.
Living Room
Spacious living room with multiple French doors leading outside. Neutral-toned tile flooring and ceiling fans add to the open feel. Traditional furniture includes a mix of leather and upholstered seating. Arched doorway provides access to the kitchen area.
Dining Area
Dining area with a dark wood table and matching chairs. Large window and recessed lighting provide brightness. Red accent wall separates the space from the adjacent living area. Crystal chandelier adds a decorative element to the ceiling.
Kitchen
Kitchen with dark wood cabinets and granite countertops. Stainless steel appliances and a central dining table provide functionality. Glass-front cabinets display dishware and decorative items. Tile backsplash complements the neutral tones of the space.
Bedroom
Large bedroom with hardwood flooring and classic wooden furniture. King-sized bed features an intricately carved headboard. Matching dressers and chairs add to the traditional style. Windows allow natural light to brighten the room.
Pool
Backyard with a rectangular pool enclosed by a screened structure. Covered patio area offers shade and outdoor seating. Tile flooring surrounds the pool for a clean finish. Open layout connects the pool area to the main house.
Source: Daniel Robinson @ Houwzer LLC. via Coldwell Banker Realty
6. Palm Beach Gardens- $5,000,000
All this for $4,850,000 in Palm Beach Gardens. This 5-bedroom, 7-bathroom transitional-style home offers 5,800 sq ft of luxurious living space on a 1.17-acre corner lot in the gated Steeplechase community. Built in 2013, the residence features soaring ceilings, arched hallways, en-suite bedrooms, a gourmet kitchen with Wolf appliances and a pot filler, and an open-concept living area.
Outdoor amenities include a heated saltwater pool, covered loggia, and full summer kitchen, with impact glass throughout and a whole-home generator for peace of mind. Additional highlights include a 3-car garage, upstairs bonus room, and a prime location near top dining, shopping, and beaches.
Where is Palm Beach Gardens?
Palm Beach Gardens, FL, is a city in northern Palm Beach County, located about 77 miles north of Miami and 10 miles north of West Palm Beach. It is known for its upscale communities, world-class golf courses (including PGA National Resort), and high-end shopping at places like The Gardens Mall. With beautiful parks, a strong economy, and a mix of luxury and laid-back coastal living, Palm Beach Gardens is a desirable destination in South Florida.
Living Room
Living room with white sofas, blue accent pillows, and a glass coffee table. High ceilings with a chandelier enhance the formal setting. Large arched windows with plantation shutters allow natural light. Black-and-white wall art and mirrors complement the modern decor.
Kitchen
Kitchen with white cabinetry, dark countertops, and a spacious island. Black metal pendant light hangs above the island with barstools. Breakfast nook with a round table is positioned by tall arched windows. Stainless steel appliances and recessed lighting complete the design.
Bedroom
Bedroom with a king-sized upholstered bed and a soft color palette. Tray ceiling with recessed lighting and a ceiling fan. Sitting area with plush chairs and a mirrored wall. Dark hardwood flooring contrasts with the light walls and furniture.
Patio
Covered patio with an outdoor dining and seating area. Built-in kitchen and ceiling fans provide comfort for entertaining. Open view of the backyard and swimming pool. Sunset sky creates a relaxing ambiance over the landscaped lawn.
Source: Tabitha Yager @ The Corcoran Group via Coldwell Banker Realty
7. Port Orange, FL – $5,000,000
For $5,000,000, here’s what you get in Port Orange. This 6,800 sq ft estate, built in 2000, is located in the exclusive Spruce Creek Fly-In community and sits on 2.4+ acres with private taxiway access. The property includes a 3,500+ sq ft hangar with a 60’x18′ door opening, RV access, and ample outdoor airplane parking.
Inside, you’ll find 5 bedrooms, 7 bathrooms, a home theater, private gym, sauna, and a pilot guest suite. Additional features include a tennis court, multiple fire pits, a 3-car garage, and an included .52-acre buildable lot with taxiway access.
Where is Port Orange?
Port Orange, FL, is a city in Volusia County, located in east-central Florida, about 60 miles northeast of Orlando and just south of Daytona Beach. Known for its family-friendly neighborhoods, good schools, and proximity to the Atlantic coast, it offers a mix of suburban comfort and beachside access. Port Orange features parks, recreational facilities, and a growing commercial area, making it a popular place to live within the greater Daytona region.
Living Room
Spacious living room with high tray ceilings and recessed lighting. White furniture and a grand piano create a modern aesthetic. Large arched windows with sheer curtains allow natural light. A fireplace with a sculptural bench adds a decorative element.
Dining Room
Dining area with a long dark wood table and upholstered chairs. Tray ceiling with a chandelier adds sophistication to the space. Large windows with arched tops provide outdoor views. Sideboard offers additional storage and display space.
Bedroom
Bedroom with a king-sized bed and tufted chaise lounges. Arched French doors lead to the outdoor pool area. Recessed lighting along the ceiling creates a warm ambiance. Dark curtains contrast with the neutral-toned decor.
Pool
Outdoor pool area enclosed by a large screened structure. Built-in spa with tiled edges sits adjacent to the swimming pool. Palm trees and lounge chairs create a resort-like atmosphere. Arched doors provide seamless indoor-outdoor access.
Source: Kyle Arrington @ Seemore Realty Group Inc. via Coldwell Banker Realty
8. Lake Wales, FL – $5,000,000
This home in Lake Wales is listed at $5,000,000. This 4,378 sq ft lakefront home, built in 1997, sits on over 8 acres with 367 feet of water frontage on Lake Kissimmee. The main house includes 3 bedrooms, 2.5 bathrooms, high ceilings, and panoramic lake views. A separate 2-bedroom, 2-bath guest house offers additional accommodations, while a 50×40 garage with RV hookups caters to storage and travel needs.
With direct access to Lake Wales Ridge State Forest and the Kissimmee Chain of Lakes, the property is ideal for boating, fishing, and outdoor recreation, and is zoned ARR for flexible land use including farming and agri-tourism.
Where is Lake Wales?
Lake Wales, FL, is a city in Polk County, located in central Florida, about 50 miles southwest of Orlando and 60 miles east of Tampa. It is known for its historic charm, citrus groves, and being home to the beautiful Bok Tower Gardens, a National Historic Landmark. Lake Wales offers a mix of small-town atmosphere, natural beauty, and access to nearby lakes and outdoor recreation in the heart of Florida’s ridge region.
Living Room
Living room with a neutral color palette and traditional furniture. Gas fireplace with a white tile surround serves as the focal point. Multiple windows with plantation shutters provide natural light. Hardwood flooring complements the classic decor.
Kitchen
Kitchen with natural wood cabinets and granite countertops. Stainless steel appliances and a tiled backsplash add contrast. A curved breakfast bar provides additional seating. French doors lead to the outdoor patio area.
Bedroom
Bedroom with a black four-poster bed and matching furniture. Hardwood flooring and neutral walls create a warm atmosphere. Large windows with plantation shutters allow natural light. Ceiling fan provides air circulation and comfort.
Porch
Covered porch with a fully screened enclosure and tile flooring. Wicker seating with red cushions adds a cozy touch. Ceiling fan enhances airflow for warm days. View overlooks a landscaped backyard with mature trees.
Source: Ryan Mullis @ Nexthome Norris & Company Realty via Coldwell Banker Realty
